As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics.Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the 'markets' within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.

"Integrated Risk Governance: Science Plan and Case Studies of Large-scale Disasters" is the first book in the IHDP-Integrated Risk Governance Project Series. It consists of two parts: Part I: Integrated Risk Governance Project Science Plan, which outlines the challenge, research programme, outcomes, and implementation strategy of the IRG Project; and Part II: Case Studies of Large-scale Disasters, which includes case analyses of experience, lessons learned and recommendations on various large-scale disasters around the world, such as the Tangshan and Wenchuan earthquakes and the great ice storm in China, European heat waves, and Hurricane Katrina in the USA. The community model of integrated natural disaster risk governance and paradigm of catastrophe risk governance in China are also presented. Prof. Peijun Shi works at Beijing Normal University, China; Prof. Carlo Jaeger works at Potsdam Institute for Climate Impact Research, Germany; Prof.Qian Ye works at Beijing Normal University, China.

Structural change in basic industries is usually interpreted as an autonomous economic process. Some authors claim that there is a tendency to use the "end of the era of materials", thus resulting in a decline of the basic industries. Such a process would obviously benefit the environment. Classic economic theories, which deal with structural change in a rather holistic way, correspond to this trend, predicting either a shift towards manufacturing and services or a relocation of old basic industries to developing countries. On the basis of this dematerialization hypothesis, comparative case studies analyze in detail the driving forces behind industrial restructuring with regard to different industries and countries in Europe, where such a decline has been observed in recent years.

This text reports the more policy-oriented results of the Biodiversity programme of the Royal Swedish Academy of Sciences Beijer Institute. The programme brought economists and ecologists together to consider where the problem in biodiversity loss really lies, what costs it has for society, and how it might best be addressed. The results are different from those reported in other works on the subject. Biodiversity loss matters for all ecosystems - not just the megadiversity tropical forests. And it matters because it compromises the resilience and so the productivity of those systems.

Controlling Pollution in Transition Economies examines and evaluates the recent experience of implementing pollution charges and the use of environmental permits in Central and Eastern Europe and Russia.The book focuses on controlling point-source air and water pollution. It describes and analyses the experience of implementing pollution charges and fines, and the interactions of these fiscal instruments with systems of pollution permits. The ten country case studies have been written by specialists who have been or are actively involved with the development or revision of pollution charges. Based on the experience of these countries, general conclusions are drawn for implementing pollution charge systems in other contexts. This book will encourage new theoretical and empirical work on the problem of implementing economic instruments (pollution charges), in combination with 'command-and-control' instruments (pollution permits). Practitioners and policy analysts as well as graduate students, academics, researchers and environmental consultants will find this book an important contribution to the existing literature.

This book offers original economic analyses on the economy-environment relationship in Eastern and Central Europe. Drawing on the Hungarian experience, it provides empirical evidence on the reform of environmental policy which can be applicable to similar problems in other transition economies.The macroeconomic shocks of the transition process in Central and Eastern Europe have been exceptional in both their intensity and speed. The implications of this adjustment process are examined in relation to their effects on environmental policy, with special emphasis on the rethinking of standard environmental policy recommendations for transition economies. The authors focus on a variety of issues including the environmental concerns raised by the privatization process and to what extent the less rigorous environmental regulations in Hungary attract foreign direct investment. There is also a critical overview of the existing literature and an examination of the costs of reducing air pollution and the use of the contingent valuation method to measure the economic benefits of improving air quality in Hungary. In addition the authors assess the effects of industrial restructuring on emissions and analyse incentive-based policy measures including prospects for emission trading. Their conclusions challenge the common perception that energy pricing policy is the most important policy measure to induce structural changes in transition economies that are beneficial to the environment. Economics for Environmental Policy in Transition Economies will be of interest to policymakers, academics and postgraduates working in the fields of transition economics, environmental economics and environmental valuation.

A review of the literature on environmental taxes, focusing on European experiences, and analysing how such taxes can contribute to green causes as well as reducing the tax burden from "ordinary" taxation. The authors examine the potential 'double dividend' from tax reform for helping the environment, reducing unemployment and encouraging growth.

The adoption of the Kyoto Protocol in December 1997 was a major achievement in the endeavour to tackle the problem of global climate change at the dawn of the 21st century. After many years of involvement in the negotiation process, the book's two internationally recognised authors now offer the international community a first hand and inside perspective of the debate on the Kyoto Protocol. The book provides a comprehensive scholarly analysis of the history and content of the Protocol itself as well as of the economic, political and legal implications of its implementation. It also presents a perspective for the further development of the climate regime. These important features make this book an indispensable working tool for policy makers, negotiators, academics and all those actively involved and interested in climate change issues in both the developed and developing world.

The challenge of our time is the greening of products. Different tools and concepts to support this process have been developed in the past decade. Among others, Life Cycle Assessment (LCA) appears as one of the most instructive management instruments for gaining insight into product-related environmental impacts and for supporting an effective integration of environmental aspects in business and economy. Research on LCA was and still is focused on improving the methodology. In fact, the "LCA technique" has significantly improved over the last few years. However, this research progress did nearly not stress the application context of LCA and its embodiment into business and industry. This is precisely the primary focus of the present book. Based on the empirical information of a large survey and of 20 company case studies, the book describes the set of applications and uses, as well as the dynamics of the adoption and integration patterns of LCA within business and industry.

Stimulated by the concern for environmental problems that arose during the 1970s and 1980s, related both to global and national questions of sustain ability, the German government committed itself to advancing ecosystem research as a central component of planning for environment ally, economically, and socially sound policies and for resource manage ment during the 21 st century. Ecosystem research has been promoted at institutions spread throughout the country and that are favorably struc tured to conduct interdisciplinary studies. Research funding is derived from both the federal union and state governments. Results from the research programme at several of these institutions are summarized in this volume: 1. to provide a status report on process understanding within ecosystem types that are viewed as building blocks of complex, highly-modified Central European landscapes, 2. to document progress at institutions pursuing ecosystem science and promoting interdisciplinary approaches, 3. to support the next steps in generalizing the research results, e. g., to obtain a picture of ecosystem function in time and space or oflandscape function, and 4. to examine how the results may be applied to better manage natural resources and achieve sustainability.

At the beginning of the twenty-first century, a growing struggle has arisen between those who would like to repeal existing environmental policy and those who would like to see greater environmental protection. On both sides, however, many of the arguments remain grounded in ideology. This book attempts to moderate the conflict by exploring methods to accurately measure and assess the effectiveness of environmental policies.Does Environmental Policy Work? examines our ability to assess the impact of environmental policies on the environment in particular, and on social welfare in general. The distinguished authors explore the theory of assessment, concentrating primarily on a conceptual examination of the evaluation process. They extend existing tools and identify alternative indicators and methods of appraisal. The focus then shifts to the use of these tools in real-world policy situations by applying them to a series of case studies from Africa, North America, South America, Europe and Asia. Although the authors base their assessment predominantly on economic efficiency, they also pay due regard to other interdisciplinary approaches and decision-making criteria. This comprehensive exploration of the theory and practice of environmental assessment will be of great interest to scholars of environmental economics, ecological economics and environmental science. The book will also provide guidance and direction for practitioners in the fields of environmental policy and management on how to effectively measure the outcomes of environmental policies.

This book focuses on building regional resilience by comprehensively improving regional assets. Regional vulnerability depends on the availability of regional assets for the population, as well as the population's ability to access those assets. Such assets include the environment, population size, community, and human capital, as well as traditional physical infrastructure. Identifying and improving these regional assets, which provide resource flows to help cope with regional disruptions-natural disasters, economic crises, or demographic changes- serves to mitigate vulnerability and build resiliency. The book pursues an interdisciplinary approach to investigating regional resilience, bringing together welfare and environmental economics, public administration, risk and disaster management, policy studies, development studies, and landscape architecture. Up-to-date case studies are provided, including recovery from the Great East Japan Earthquake in Japan, regional development for depopulation areas, and urban policy for smart cities. These studies reflect and share the latest findings on key issues, policymaking and implementation processes, and implications for evaluation methodologies-all of which are indispensable to the building of resilient regions. This book is highly recommended for researchers and practitioners seeking a fresh, interdisciplinary approach to regional and urban development. It provides a valuable reference guide to building resiliency and mitigating vulnerability, both of which are imperative to achieving sustainable regions.

This book considers the possibility of adjusting traditional economic measures of income and welfare to account for natural resource extraction and environmental degradation.It presents and reviews the limitations of an operational method for measuring income from resource extraction in both open and closed economies. In addressing closed economies, the discussion centres on the relationship between income and global sustainability. The book also considers the measurement of social welfare in relation to environmental issues and resource extraction, especially changes over time and comparison between countries. Theoretical material is complemented by case studies on petroleum extraction in Norway and soil degradation in Tanzania, to which the pragmatic methods are applied. The author challenges the view that environmental degradation is best included in welfare measurement and argues that many of the proposals for adjusted welfare measurements are better interpreted as adjustments of national income. Economic Growth and the Environment will be indispensable to environmental accountants, environmental organizations interested in green accounting and students studying sustainability issues.

This book focuses on describing policy instruments in different countries. Its purpose is not only descriptive but also, to some extent, advocatory. We believe that economic instruments can make an important contribution to an environmentally less disruptive path of development. The design of economic instruments is however a fine art and depends among other things on their political acceptability and this acceptability is of course influenced by experience. It is therefore important to provide information on the use of policy instruments in other countries. Policies are currently developing quite fast and thus a book such as this one can inevitably not capture more than a "snapshot" view at a single moment of time. We would hope that the book encourages more experimentation with economic instruments and that countries will make a fuller use of the whole arsenal of economic policy instruments. If the book does succeed in this sense then it will soon become dated as policies change -but that would be a price well worth paying! The book combines a dozen country monographs together with a few international surveys on particular topics (gasoline pricing, vehicle regulations, acid rain, deforestation and global warming). These papers are intended to illustrate the diversity of policy options available. The actual policies adopted depend on economic as well as ecological conditions. The country studies cover two "Western" countries and then concentrate on formerly planned and developing countries. They show that economic instruments are still generally thought of as new and innovative.

The aim of this book is to offer a river-basin management plan which is directly implementable and consistent with the European Union -Water Framework Directive (EU WFD).The contributors, who are leading world experts in their respective fields, develop an integrated water resources management plan for the Asopos river basin in Greece which is economically efficient, socially equitable and environmentally sustainable. The program offers explicit technical and investment solutions, socioeconomic and legal instruments and recommendations for institutional restructuring. The introductory chapter describes the water situation in Greece and assesses the potential of timely implementation of the EU WFD. Special emphasis is given to the cost-recovery principle. Chapter 2 introduces the case study area highlighting the particular pressures and impacts as well as the environmental functions and values of Asopos River and Oropos Lagoon. Chapters 3 and 4 focus on the economic characterisation of Asopos River Basin in order to identify the economic sectors and social groups that will bear the cost and benefits of the implementation of the EU WFD. In particular, Chapter 3 presents the main water uses and pricing for water supply in the industrial and the agricultural sectors. Chapter 4 completes the baseline appraisal, presenting the details of water use by the residential and touristic sectors. The following chapters assess valuation and decision-making tools from a range of perspectives, including agricultural needs, valuing the impacts of industrial activity, the costs and benefits of environmental preservation and management. The water resources management plan is presented in Chapter 9; the concluding chapter offers recommendations on institutional changes and presents the lessons learned as resources applicable to other river basins in Greece and elsewhere. The book applies state-of-the art market and non-market valuation methods to estimate water demands in the residential, industrial, agricultural, tourism, environmental and health sectors and to balance these, over time and space, with water supply. Given the well-known challenge of managing natural resources in a way that maximizes and sustains social welfare, this book will provide an invaluable point of reference for applied researchers and policy makers working in water resources management.

Technology breakthroughs in sustainable renewable energy and energy conservation technologies require that there be a strong institutional ecosystem in place which supports innovation, but the nature of this foundation and how it works is not well-known. Becoming a leader necessitates new forms of cross-sector cooperation.

Differing interpretations, perspectives and expectations on the term sustainability exist. To take sustainability as an action guiding mandate for implementation it needs to be concrete and measurable as well it should weigh pros and cons. But how can such an integrated measurement in the field of renewable energy be conducted balancing the trade-offs between opposing indicators? Glances at Renewable and Sustainable Energy provides a thorough overview on the generic principles of sustainability assessment, including projective, thresholding and systemic principles and summarizes five common approaches for a holistic measurement. Approaches such as multi criteria decision analysis, ecological footprint analysis and normative-functional concepts are applied to different case studies in developed-, emerging and developing countries to cover a wide bandwidth of various renewable energy carriers under various conditions. Each case study includes 2 boxes illustrating the scheme behind the approach and exemplary calculations to allow a systematic comparison and a critical reflection of the methods applied. Compiling results on renewable energy assessment of the last decades, Glances at Renewable and Sustainable Energy gives researchers, students, consultants, politicians and entrepreneurs the tools to advance their oriental and instructional knowledge on sustainability and sustainability measurement, to reflect their decisions and tools for analysis and to transfer this knowledge into problem-solving.

The issue of climate change is now widely recognised as one of the major challenges for mankind in the 21st century, not only because it may ultimately affect many areas of our environment, nature and human activity but also because its mitigation may have far reaching consequences for almost all sectors of the economy where energy conversion takes place. Although climate change is firmly positioned on the political agenda and some initial targets have been agreed within a global framework, we are still far away from a mature political and practical policy which may deliver timely and appropriate results .to tum the tide. This is partly due to the complex nature of a possible global climate change regime, the still early stage of the development of effective and efficient instruments and the wide variety of possible ramifications for individual countries and economic sectors. But it is also due to the complexity of the negotiation process, and the lack of effective international or even global governance and leadership to tackle a multi-dimensional problem of this size and nature. This book is the first broad attempt to address the issue of leadership by one of the major parties to the UN Framework Convention on Climate Change in the ongoing international debate and negotiations towards such a policy which inevitably has to be constructed on a global scale.

'Boserup's contribution to our thinking on women's role in development cannot be underestimated. Her keen observations, her use of empirical data and her commitment to greater gender equality are still an inspiration to students, researchers and activists who are interested in a better and more equal world.' From the new Introduction by Nazneen Kanji, Su Fei Tan and Camilla Toulmin 'Women's Role in Economic Development has become a key reference book for anyone - student, scholar, or practitioner - interested in gender and development analyses. This book is important not only because it provided the intellectual underpinning of the Women in Development (WID) analysis, but also because of the lasting influence it had on the development of theoretical, conceptual, and policy thinking in the fields of women, gender, and development. The re-editing of Women's Role in Economic Development, with its new introduction, ensures students, academics, and practitioners continued access to an essential reference for those interested in the women and development literature.' - Gender and Development This classic text by Ester Boserup was the first investigation ever undertaken into what happens to women in the process of economic and social growth throughout the developing world, thereby serving as an international benchmark. In the context of the ongoing struggle for women's rights, massive urbanization and international efforts to reduce poverty, this book continues to be a vital text for economists, sociologists, development workers, activists and all those who take an active interest in women's social and economic circumstances and problems throughout the world. A substantial new Introduction by Nazneen Kanji, Su Fei Tan and Camilla Toulmin reflects on Boserup's legacy as a scholar and activist, and the continuing relevance of her work. This highlights the key issue of how the role of women in economic development has or has not changed over the past four decades in developing countries, and covers crucial current topics including: women and inequality, international and national migration, conflict, HIV and AIDS, markets and employment, urbanization, leadership, property rights, global processes, including the Millennium Development Goals, and barriers to change.

Karl-Goran Maler's work has been a mainstay of the frontiers of environmental economics for more than three decades. This outstanding book, in his honour, assembles some of the best minds in the economics profession to confront and resolve many of the problems affecting the husbandry of our national environments. This book investigates many of the recent advances in economics, in terms of the management of natural resources and environments. The authors also concentrate on other important issues such as control theory for non-convex economic problems, duopoly theory, game theory, local public finance, patent races and population control. In addition, they investigate the difficulties involved in constructing environmental agreements, and detail the potential benefits of marrying together the disciplines of ecology and economics. As a whole, the book effectively illustrates both the power and limitations of economics to shed light on many of today's pressing environmental issues. The diverse range of topics and exceptional quality of the authors - including contributions by Nobel Laureates Kenneth J. Arrow and Robert M. Solow - will make this book essential reading for academics and advanced level students of environmental and resource economics, as well as natural scientists with an interest in resource allocation issues.

Critically assessing recent developments in environmental and tax legislation, and in particular low-carbon strategies, this timely book analyses the implementation of market-based instruments for achieving climate stabilisation objectives around the world. Through case studies and broader analysis, international experts examine taxes and subsidies in energy intensive sectors including stationary energy and transport in Europe and South America, and low-carbon strategies in Australia and East Asia. They also address cross-cutting policy issues involving water pollution and biodiversity protection. This work illustrates how economic instruments for a low-carbon transition need to align with other governmental policies and together influence behaviour in multiple domains such as energy, mobility, trade, land use and innovation. Providing a rich economic modelling of environmental fiscal policies, this topical book will be an engaging read for environmental tax scholars and professionals, as well as academics across energy and environmental economics, law and policy. Policy makers and practitioners in energy and climate policy will also benefit from its problem-solving approach. Contributors include: M.S. Andersen, E. Aydos, E. Belletti, M. Bisogno, C. Camara Barroso, Q. Changbo, G. Chazhong, J. Dellatte, B. Fenfen, L. Feng, S. Geringer, E. Guglyuvatyy, T. Iliopoulos, T. Kawakatsu, D. Kortschak, K. Kratena, V. Kulmer, A. Lerch, I. Meyer, M. Molinos-Senante, M. Pizzol, S. Rudolph, K. Schlegelmilch, S. Seebauer, M. Sommer, C. Sotiriou, N.P. Stoianoff, H. Thodsen, A. Tomo, J. Tumpel, M. Villar Ezcurra, Z. Zachariadis, J.M.M. Zanocchi

This book is an analysis of energy and food subsidies in the MENA region between 2010 and 2014. Using the World Bank's proprietary SUBSIM model, the book studies the distribution of subsidies and the simulation of subsidy reforms across eight countries within in a partial equilibrium framework. The distributional analysis of subsidies provides information on who benefits from existing subsidies, while the simulations of subsidy reforms provide information on the outcomes of the reforms in terms of government budget, household welfare, poverty, inequality, and the trade-offs between these outcomes. This focus provides governments with the essential information they need to make decisions on subsidy reforms and consumers with a clear sense of which programs and reforms are successful. The book highlights the historical roots of subsidies, the real trigger of subsidy reforms, and the complexity of subsidy reforms. It discusses the pros and cons of radical and gradualist approaches to reforms, the use of compensation mechanisms and their implications, the advantages and disadvantages of public information campaigns, the political economy of targeting different economic populations, the political timing of reforms, and whether, overall, the reforms observed in the MENA region have been successful. The first book on subsidies in the MENA region that is based on primary micro data, this book is useful for researchers and graduate students studying political economy and working with microsimulation modelling instruments as well as government officials engaged in subsidies reforms, research institutes and private consulting groups advising governments on subsidy reforms.

This book explores economic concepts related to disaster losses, describes mechanisms that determine the economic consequences of a disaster, and reviews methodologies for making decisions regarding risk management and adaptation. The author addresses the need for better understanding of the consequences of disasters and reviews and analyzes three scientific debates on linkage between disaster risk management and adaptation to climate change. The first involves the existence and magnitude of long-term economic impact of natural disasters on development. The second is the disagreement over whether any development is the proper solution to high vulnerability to disaster risk. The third debate involves the difficulty of drawing connections between natural disasters and climate change and the challenge in managing them through an integrated strategy. The introduction describes economic views of disaster, including direct and indirect costs, output and welfare losses, and use of econometric tools to measure losses. The next section defines disaster risk, delineates between "good" and "bad" risk-taking, and discusses a pathway to balanced growth. A section entitled "Trends in Hazards and the Role of Climate Change" sets scenarios for climate change analysis, discusses statistical and physical models for downscaling global climate scenarios to extreme event scenarios, and considers how to consider extremes of hot and cold, storms, wind, drought and flood. Another section analyzes case studies on hurricanes and the US coastline; sea-level rises and storm surge in Copenhagen; and heavy precipitation in Mumbai. A section on Methodologies for disaster risk management includes a study on cost-benefit analysis of coastal protections in New Orleans, and one on early-warning systems in developing countries. The next section outlines decision-making in disaster risk management, including robust decision-making, No-regret and No-risk strategies; and strategies that reduce time horizons for decision-making. Among the conclusions is the assertion that risk management policies must recognize the benefits of risk-taking and avoid suppressing it entirely. The main message is that a combination of disaster-risk-reduction, resilience-building and adaptation policies can yield large potential gains and synergies.

Economies are open systems embedded in an ecosystem with which they exchange matter and energy. Interactions among these systems are vital for each system's performance and are constrained by the laws of physics. This volume pays tribute to economy--environment interactions simultaneously from an economic, ecological and physical perspective. Integrating Economics, Ecology and Thermodynamics provides a first step in identifying and combining the principles of economics, ecology and thermodynamics on a fundamental level. Part I lays out the general context for the approach chosen. Part II familiarizes readers with core concepts of, and methods used in, the three disciplines of economics, ecology and thermodynamics. Part III assesses ways in which these disciplines can be integrated to provide an improved understanding of economy--environment interactions. Part IV illustrates the integration of the three disciplines with a dynamic model of a human community interacting with its environment. In Part V the volume closes with a brief summary and a set of conclusions on the relevance of integrated, interdisciplinary approaches to economy--environment interactions.

The transfer study, a technique used in cost-benefit analysis, is an increasingly important tool used by government agencies to assess environmental regulatory policy. This innovative book develops protocols for using the transfer method to approach environmental problems and introduces several significant conceptual and methodological advances that refine the transfer process. The transfer approach to quantitative policy analysis adapts information and data from existing studies and so provides an economical way to assess potential benefits and costs for projects. The book presents a detailed framework for examining the transfer of information, outlines the basic steps of the method, and discusses solutions to frequently encountered problems. It then illustrates the method with an extensive case study of environmental externalities from electricity generation. This case study provides the opportunity to discuss salient aspects of the transfer method in more detail, including conceptual principles, the quality of original studies, empirical difficulties and estimation techniques. It also demonstrates the use of state-of-the-art techniques such as meta analysis to synthesise and transfer information from multiple studies and assesses the reliability of the transfer estimates with repeated computer simulations, a technique known as Monte Carlo analysis. Environmental Policy Analysis with Limited Information will appeal to environmental policy analysts and managers as well as environmental economists.